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Daily Archives: 11 Sep 2008

A financial researcher comes across a six-year-old article about United Airlines. Thinking it is a current news story, he summarizes it, then republishes the summary out of context. Within 10 minutes, a mass panic hits shareholders who are responding to his summary. More than a billion dollars evaporates into thin air. Tribune Co. said Wednesday that the confusion over a 2002 article on UAL Corp. started because Google Inc.’s automated…